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Side Income for Bank Employees

Bank employees are known to be well-aware of the benefits of legitimate additional income opportunities. Among the popular ones with them, the Refer and earn programs offer an excellent opportunity to supplement and enhance the bank employees’ income. Bank referral programs are designed to offer bank employees a chance to earn extra income by promoting personal loans, used car loans, business loans, loans against property, and savings accounts in their network.

Benefits of Joining

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Zero investment, uncapped earnings

Zero investment, uncapped earnings

Weekly payout directly to your bank account

Weekly payout directly to your bank account

Quick disbursement with zero physical documentation

Quick disbursement with zero physical documentation

Dedicated support through Relationship Manager & central helpline

Dedicated support through Relationship Manager & central helpline

Track your cases directly on the app

Track your cases directly on the app

Opportunity to work directly with IDFC FIRST Bank and participate in recognition programs

Opportunity to work directly with IDFC FIRST Bank and participate in recognition programs

First-Partner

What is a bank referral program for Bank Employees?

Banks use referral systems to enhance their customer base and boost their income. Referral programs provide bank employees with a chance to earn extra income by promoting loans and other products offered by the bank.

This income is earned in addition to the salaries earned by them. Bank employees can use their networking skills to identify potential customers and refer them to the bank.

First-Partner

About IDFC FIRST Bank MyFIRST Partner Referral Program

The IDFC FIRST Bank MyFIRST Partner Referral Program provides passive income options to bank employees, insurance agents, retired individuals, doctors, real estate agents, etc. Anyone with networking capabilities can register under the MyFIRST Partner Referral Program and earn over ₹1 lakh per month.

How does the IDFC FIRST Bank MyFIRST Partner Referral Program work?

The MyFIRST Partner Referral Program is a digital application that helps earn passive income. You can register on the app and become a MyFIRST Partner.

After you have registered on the app, you must refer personal loans, used car loans, business loans, loans against properties and savings accounts to people in need. Every successful referral fetches a 1.5% commission .

You can refer as many contacts as you want and earn money on each referral. Additionally, you can win merchandise and rewards by competing in contests.

Earnings are credited weekly to your bank account and there’s no limit to the amount you can make through the IDFC FIRST Bank MyFIRST Partner Referral App.

Benefits of the referral program for Bank Employees

Bank employees can benefit a great deal by joining the IDFC FIRST Bank MyFIRST Partner Referral Program. The top benefits of the app include: 

  • • Extra money earned through the IDFC FIRST Bank MyFIRST Partner Referral Program builds financial health.
  • • MyFIRST partners can meet their goals, such as buying a car or going on an international vacation.
  • • IDFC FIRST Bank MyFIRST Partner App offers weeklypayment of your earned commission(s) , ensuring a steady flow of income.
  • • MyFIRST partners can also earn over ₹1 lakh per month, which can help cover their expenses and investments.
  • • More than 7 lakh partners are registered on the app, proving its effectiveness as a second income source.

How to download this Referral App?

Here are the steps to make a side income through this referral app:

Step 1

Download the MyFIRST Partner App

Step 2

Register using PAN, Address proof and Bank details

Step 3

Sign-up and get your digital id instantly

Step 4

Refer and track loan application of your customer

First-Partner

How to use the IDFC FIRST Bank MyFIRST Partner App?

The IDFC FIRST Bank MyFIRST Partner Referral Program works for anyone looking to earn additional income. You can download the app and register for free to become a MyFIRST Partner. You can use your network to help people who need funds and, in doing so, make an income.

The IDFC FIRST MyFIRST Partner Referral Program offers weekly income. MyFIRST Partners receive their income directly to their bank account every week. It keeps them motivated to earn more money and improve their financial health.

MyFIRST Partners can also participate in contests to earn over and above their 1.5% commission. Lucrative merchandise and gadgets are also on offer during contests.

Video

Learn more about MyFIRST Partner App

Frequently Asked Questions

What does referral bonus in banking mean?

A referral bonus in banking refers to the commission or rewards paid to the individual who has referred a new customer.

How can Bank Employees earn extra money?

Bank employees can refer and earn extra money by checking with their contacts about their need for funds and referring them for personal loans, used car loans, business loan, loans against properties and savings accounts. 

Can Bank Employees earn side income?

Yes, bank employees can earn side income by networking with their contacts, identifying those who need funds, and referring them for loans. They can join a loan referral program that includes rewards for referring new customers.

Can a Bank Employee have other source of income?

Bank employees cannot seek employment with another company or bank while being employed but can earn a side income from other options like stock trading or earning commissions through referral programs.

Can Bank Employees get a referral from a former employee?

Yes, a former employee registered on the IDFC FIRST Bank MyFIRST Partner Refer and Earn App can be a referral partner and earn by making referrals.

How can I get assistance if I need to understand anything related to the program?

Go to the “Contact Us” section on the IDFC FIRST Bank MyFIRST Partner App to get real-time assistance from the central helpline or your relationship manager.

More FAQs